EY To Establish 600-Job Tech Hub In Nashville; Investing $22.7 Million In Music Row Office

Tuesday, November 13, 2018
Governor Bill Haslam, Department of Economic and Community Development Commissioner Bob Rolfe and Ernst & Young LLP officials announced today that the global professional services firm will invest more than $20 million to establish a facility to deliver tax managed services for clients and tax technology operations in Nashville. EY expects to create more than 600 jobs over the next five years. 
 
“EY’s decision to create hundreds of technology and service delivery jobs in Nashville affirms our ongoing efforts to bring high quality jobs to Tennessee,” Governor Haslam said.
“Tennessee’s pro-growth policies continue to attract leading international businesses to our state. I’d like to thank EY for making this major investment in Middle Tennessee and bringing us one step closer to making Tennessee the top state in the Southeast for high quality jobs.”
 
“Tennessee is a growing home for major international businesses, particularly in the tech sector,” Comm. Rolfe said. “Since 2013, the number of tech jobs in the Nashville region has increased by almost 30 percent, far outpacing the national average. Thank you, EY, for this significant investment in Middle Tennessee. These are exactly the kind of high quality jobs we want in Tennessee."
 
EY is expanding its presence in Nashville with the opening of the new EY Exceptional Delivery Growth Engine (EDGE) Center, which will include software development, design and testing, as well as professionals delivering technology enabled tax managed services for clients.  "A leading practice in Nashville for decades, the establishment of the EY EDGE Center delivers on EY’s purpose of building a better working world for its clients and communities," officials said.
 
“Nashville is a growing city with a vibrant economy that will provide an opportunity for EY to build more centralized resources to deliver tax managed services enabled by leading-edge technology and client platforms,” said Joe Hogan, EY Americas Tax and Finance operate leader. “The opening of the EY EDGE Center will further enhance our ability to bring to our clients leading practices that will help with their business needs as the demand for technology enabled alternative sourcing models in tax increases.”
 
“EY EDGE represents our focus on delivering high quality managed services to our diverse clients,” said Dan Thibault, leader, EY EDGE. “We anticipate opening in August 2019, and the center will occupy over 60,000 square feet on two floors in a new office location on Music Row. It is expected to house over 600 employees, including 200 technology and 400 tax delivery professionals to support the delivery of tax services outsourced to EY by our clients.” 
 
In addition to the new EY EDGE Center, the firm also announced earlier this year the move of its approximately 300 current Nashville employees to a new location, 222 2nd Ave S. in January 2019, relocating from 150 4th Ave N. The EY EDGE Center currently occupies a temporary office space until the opening of the office on Music Row. The firm is hiring at all levels.
 
“We are thankful that EY has made the decision to invest in our city in this way," Nashville Mayor David Briley said. "Nashville continues to appeal to well-respected businesses like EY because we offer a vibrant economy and a great place to live. I am particularly excited about the significant number of high-quality tech jobs the company will bring to Nashville."
 
“TVA and Nashville Electric Service congratulate EY on its decision to locate operations in Nashville,” TVA Senior Vice President of Economic Development John Bradley said. “Helping to foster new job opportunities is fundamental to TVA’s mission of service, and we are proud to partner with Nashville Area Chamber of Commerce, Metropolitan Government of Nashville and Davidson County, and Tennessee Department of Economic and Community Development to help further that mission.”

Cumberland Trust Adds Trust Specialist To Chattanooga-Focused Team

Chris Collins Named To Husch Blackwell Partnership

Tennessee State November Revenues Higher Than Budgeted


Cumberland Trust has added Eric Roddy to its personal trust team as a trust specialist. In his role, Mr. Roddy supports trust officers with daily administrative duties including bill pay and ... (click for more)

Chris Collins has been elected by Husch Blackwell to the firm’s partnership, effective Jan. 1, 2019. Mr. Collins, an experienced litigator in real estate, development and construction, works ... (click for more)

Tennessee Department of Finance and Administration Commissioner Larry Martin announced Monday that overall November state revenues were $1.0 billion, which is 8.98 percent more than November ... (click for more)


Business

Cumberland Trust Adds Trust Specialist To Chattanooga-Focused Team

Cumberland Trust has added Eric Roddy to its personal trust team as a trust specialist. In his role, Mr. Roddy supports trust officers with daily administrative duties including bill pay and distribution, assisting with the overall care taking of the trust and client relationship. He joins the personal trust team focused on supporting Cumberland Trust’s Chattanooga client base. ... (click for more)

Chris Collins Named To Husch Blackwell Partnership

Chris Collins has been elected by Husch Blackwell to the firm’s partnership, effective Jan. 1, 2019. Mr. Collins, an experienced litigator in real estate, development and construction, works with clients to help them both avoid unnecessary litigation and to strengthen their pre-litigation position. When litigation proves unavoidable, however, he guides the client throughout the ... (click for more)

Breaking News

State Dismisses All Charges Against Charles Toney In Controversial Arrest

The state on Tuesday morning dismissed all charges against aspiring rapper Charles Toney in connection with his arrest that led to a U.S. Department of Justice probe. The arrest on Dec. 3 on Donaldson Road was caught on video by a neighbor and went viral. It showed Toney being punched and kicked by an officer while he was handcuffed. District Attorney Neal Pinkston afterward ... (click for more)

Hamilton County Schools Announces New School Options And Timeline

For the 2019-2020 school year, Hamilton County Schools is opening enrollment to a select group of schools, “My Future Schools,” to which students across the district will be eligible to apply. Officials said, "Opening enrollment to these schools will provide students with a diverse range of options outside of their neighborhood zoned school. These schools will be in addition to ... (click for more)

Opinion

An Open Letter Concerning The Proposed Ooltewah Waste Treatment Facility - And Response (2)

The Hamilton County Water and Wastewater Treatment Authority and County Commissioner Tim Boyd want to build a sewage treatment plant in my backyard. I bought my house in Ooltewah in 1994, raised my children here and worked hard to pay it off. My home has been my small piece of the American Dream. Now, the WWTA and Commissioner Boyd want to reward my hard work by taking away about ... (click for more)

Roy Exum: A Real Christmas Miracle

There is a huge shopping mall in Wauwatosa, Wisconsin -- think of a suburb of Milwaukee -- and about two-to-three miles away from the Mayfair Mall is where the Children’s Hospital of Wisconsin is located. The fact the renowned medical center is in the vicinity of the mall is what we call “a salient point,” which are very important when a story is presented that many, many people ... (click for more)